Invitation to Online World Bank Event: “Raising the Bar on Debt Data Transparency”
Greater debt transparency is a vital step in the surveillance and development processes. It facilitates new, high-quality investment, reduces corruption, and brings accountability. But all too often public debt liabilities of low- and middle-income countries are hard to pin down. Many do not publish public debt data or publish incomplete data that understate the true level of liabilities. The opacity of domestic debt markets, increased use of central bank currency, and proliferation of borrowing by state-owned and private sector entities with various forms of government guarantee pose significant challenge to global surveillance of debt levels. This event will bring together a panel of experts from borrower and creditor countries, academia, and the World Bank to discuss efforts and concrete actions to support debt data transparency.
Opening remarks by Carmen Reinhart, Senior Vice President & Chief Economist, World Bank Group
A panel discussion with:
Patience Oniha, Director-General, Debt Management Office, Nigeria Matthew Turner, Director, Global Economic Office, United States Treasury Bradley Parks, Executive Director, AidData Evis Rucaj, Senior Economist, Development Data Group, World Bank Group Diego Rivetti, Senior Debt Specialist, Macroeconomics Trade and Investment Global Practice, World Bank Group
Closing remarks by Takahiro Tsuda, Alternate Executive Director representing Japan, World Bank Group
Event moderated by Nada Hamadeh, Lead Economist & Program Manager, Development Data Group, World Bank Group
Co-hosted by the World Bank Chief Economist and the Executive Director for Japan at the World Bank. For more details, contact firstname.lastname@example.org .
For information on the World Bank Debt Statistics, visit www.worldbank.org/debtstatistics.